Right problem, wrong solution.
Compliance
Ron Rhoades explains how and why we lost the fiduciary standard and why that might be a good thing for bona fide fiduciaries.
What might surprise you the most is how easily the industry will adapt to the new fiduciary guidelines.
“MEPs are less susceptible thanks to their size and their often use of multiple providers.” “MEPs really are a great solution for employers, especially small employers.”
If maintaining fiduciary due diligence were easy, they wouldn’t publish a list like this.
Two experts feel we’re on the cusp of a major milestone, two experts don’t. You’re the tie-breaker. What do you believe?
Either way, messing with the tax code will hurt current and future retirees.
It’s the greatest cause of anxiety among plan sponsors, yet it’s so easy to address.
Is the call for “harmonizing” the SEC and DOL versions of the fiduciary standard merely a ruse to thwart the entire effort?
If this doesn’t scare you…
